Alphaledger Raises Series A Funding to Expand Blockchain Infrastructure for Fixed Income Assets

Los Angeles-based Alphaledger has secured an undisclosed amount in Series A funding led by EJF Ventures, with participation from KDX and strategic investors. The Blockchain infrastructure provider for fixed income assets plans to use the funds to accelerate product development, expand its footprint, and support the adoption of its blockchain platform focused on asset origination and autonomous clearing. Alphaledger was founded in 2019 by former PIMCO executives and has also announced a new commercial agreement with Tradeweb Markets to jointly develop new products leveraging its blockchain technology.